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Last year, a Hong Kong court entered a bankruptcy order against Ng over HK$31 million in alleged obligations, an action he is appealing. In October, creditors sought recognition in a California court of an April 2025 bankruptcy order, filings that had not been reported before and that describe Ng as a “prominent Hong Kong financier.”
Those filings say part of the Hong Kong debt has been settled while other amounts are still outstanding. When questioned about the bankruptcy and whether advisers or Eight Sports co-investors were informed, Ng’s spokesperson said he “rejects the premise of these inquiries.”